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sPhantom Auto Trader (By sPhantom )
| Gain : | +694.0% |
| Drawdown | 91.94% |
| Pips: | 1266.4 |
| Trades | 261 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:400 |
| Trading: | Automated |
sPhantom Auto Trader Discussion
Member Since Sep 23, 2013
45 posts
Jan 27, 2014 at 16:56
I happened to catch it in the act early this morning, and manually closed both trades when they were together. made a $0.15 profit!!
"Press On" has solved and will always solve, the problems of the Human Race
forex_trader_38708
Member Since Jun 09, 2011
6 posts
Jan 27, 2014 at 18:03
strongwillow posted:jan222 posted:
there was trades last year also, got to -122 pips.
Worst trade is -23.1 pips. When the this system detects a change of trend, it triggers the early close.
you are only considered CLOSED trades,I am looking at open drawdown
This system has HAD trades open with over -100pips on numerous occasions.With a bit of luck the trades turned in their favour,
Dont delude yourself, it will happen again!
Member Since Oct 06, 2013
19 posts
Jan 27, 2014 at 21:48
@forexpipcatcha I have experienced the same performance that sPhantom has except for today since November 2013, so today is definitely a latency issue.
Net positive each month since this EA started...
Net positive each month since this EA started...
Jan 27, 2014 at 21:48
willgart posted:
I think we suffered a latency in the signal itself. we have receive the close signal command from the sPhantom server too late. like if the web site used for the connection between our VPS and their VPS was suddenly bad or unresponsive for few seconds.
I somehow dont think latency or slippage is at play here.
If the market was moving really fast you could expect a few points, but between 5 and 8 pips, thats a stretch.
And even the IBFX guys were hit granted less than the rest so slippage can be disregarded in thier case.
Server latency on VPS's run at milli sec's these days and that is not an excuse anymore.
Is sPhantom sandbagging us?
Member Since May 08, 2012
316 posts
Jan 28, 2014 at 00:10
Is sPhantom sandbagging us?
What possible benefit would there be? First, a 3 or 4 pip spread on top of a volatile 3 or 4 pipe spike is not that unusual. Second, when you have a thousand people trading the same system, you don't want everyone hitting the tape at the same time. There are random exit generators to stagger exits by a second or two. One time you win a little more or less, another time, you win or lose a little less. Not saying they're doing this yet, but if interest keeps rising, they will need to. Thirdly, for those measuring their losses in dollars, is your account funded in USD? If not then you need to look at the costs or benefit of the carry on each trade. If your account funding currency appreciates during the trade, you'll make a little more, or vice versa.
What possible benefit would there be? First, a 3 or 4 pip spread on top of a volatile 3 or 4 pipe spike is not that unusual. Second, when you have a thousand people trading the same system, you don't want everyone hitting the tape at the same time. There are random exit generators to stagger exits by a second or two. One time you win a little more or less, another time, you win or lose a little less. Not saying they're doing this yet, but if interest keeps rising, they will need to. Thirdly, for those measuring their losses in dollars, is your account funded in USD? If not then you need to look at the costs or benefit of the carry on each trade. If your account funding currency appreciates during the trade, you'll make a little more, or vice versa.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Member Since Aug 30, 2013
280 posts
Jan 28, 2014 at 03:41
Michigander posted:Is sPhantom sandbagging us?
What possible benefit would there be? First, a 3 or 4 pip spread on top of a volatile 3 or 4 pipe spike is not that unusual. Second, when you have a thousand people trading the same system, you don't want everyone hitting the tape at the same time. There are random exit generators to stagger exits by a second or two. One time you win a little more or less, another time, you win or lose a little less. Not saying they're doing this yet, but if interest keeps rising, they will need to. Thirdly, for those measuring their losses in dollars, is your account funded in USD? If not then you need to look at the costs or benefit of the carry on each trade. If your account funding currency appreciates during the trade, you'll make a little more, or vice versa.
There are answers for each point you raised, don't wait and let the owner come to your rescue you go out and solve what is needed to be solved.
Member Since Oct 06, 2013
19 posts
Jan 28, 2014 at 07:20
@vincegis Thats a massive stretch considering sPhantoms trades and my own ended at 39 mins past the hour. Slippage is unlikely as there appeared to be significant liquidity judging by Oanda's orders book. This leaves NETWORK latency which is the most likely as the morning European session is the busiest trading time and also sees significant internet traffic generated from European businesses.
Member Since Aug 30, 2013
280 posts
Jan 28, 2014 at 07:31
quietairofmenace posted:
@forexpipcatcha I have experienced the same performance that sPhantom has except for today since November 2013, so today is definitely a latency issue.
Net positive each month since this EA started...
Net positive doesn't mean it is working as it should...does your results reflect what is posted on myfxbook or not? Can you add your results to myfxbook?
Member Since Oct 06, 2013
19 posts
Jan 28, 2014 at 11:50
forexpipcatcha posted:
Net positive doesn't mean it is working as it should...does your results reflect what is posted on myfxbook or not? Can you add your results to myfxbook?
Errr... I have experienced the same performance that sPhantom has except for today since November. How many other ways do you want me to say it?!
Now why would I want to share my results with you?
Jan 28, 2014 at 11:52
It's latency pure and simple. At the exact point that sPhantom sent the close signal, there was a spike up. Both my trades closed at 9.39am - same as sPhantom's account. But within those 60 seconds the market spiked up. As a consequence I closed out at a loss of $81.45 on the first trade and positive $50.86 on the second - while sPhantom lost $58.52 on the first and gained $73.48 on the second. If the signal goes out mid spike in times of volatility there's a chance you could lose money. That's what's happened here.
My account was around $1435 now $1405, similar to sPhantom's - and I'm on IBFX.com.au - again, same as sPhantom.
I really don't think there's anything that can overcome this other than sPhantom moves to a PAM set up so all the trades and behaviours will be the same for all - but who wants to pay PAM commissions?
I say we quit whining and eat it and move on.
Lardo
My account was around $1435 now $1405, similar to sPhantom's - and I'm on IBFX.com.au - again, same as sPhantom.
I really don't think there's anything that can overcome this other than sPhantom moves to a PAM set up so all the trades and behaviours will be the same for all - but who wants to pay PAM commissions?
I say we quit whining and eat it and move on.
Lardo
Member Since Aug 30, 2013
280 posts
Jan 28, 2014 at 14:07
quietairofmenace posted:forexpipcatcha posted:
Net positive doesn't mean it is working as it should...does your results reflect what is posted on myfxbook or not? Can you add your results to myfxbook?
Errr... I have experienced the same performance that sPhantom has except for today since November. How many other ways do you want me to say it?!
Now why would I want to share my results with you?
The reason I asked that is because you said you experienced net gains each month you didn't say the same expected gains....derrr...not always what your thinking is always what is perceived but great you got precise results all the time except this time.
Jan 28, 2014 at 19:42
OK looks like we dissected the trade enough, and the range of opinions does create a clearer picture. We will be full of smiles with the next positive trade and all will be well. Until next time..... And we will whine again despite making despite making loads on the good trades. Perspective!!!!
Member Since Dec 21, 2013
11 posts
Jan 29, 2014 at 08:53
another two trades are open .. hope they could rectify the issue.
Member Since Jun 03, 2013
79 posts
Jan 29, 2014 at 11:43
I believe they have done some adjustment. From what i observed, sphantom and mine account, the NAV and TP is different. That mean sphantom TP will be 40 pips, and mine will be 30 pips if they do not close the trade earlier manually.
But seem like trend likely move higher. But i believe it will fall back later on since it arrive at resistance line.
But seem like trend likely move higher. But i believe it will fall back later on since it arrive at resistance line.
Jan 29, 2014 at 11:46
Darren2013T posted:
I believe they have done some adjustment. From what i observed, sphantom and mine account, the NAV and TP is different. That mean sphantom TP will be 40 pips, and mine will be 30 pips if they do not close the trade earlier manually.
But seem like trend likely move higher. But i believe it will fall back later on since it arrive at resistance line.
Once it hit the 61.8 fib line of support, it closed for profit.
"Risk means more things can happen than will happen."
Member Since Dec 21, 2013
11 posts
Jan 29, 2014 at 12:03
+1 pip for me ... using Fxsol with fixed 3 pips spread .... not bad :)
forex_trader_12567
Member Since May 29, 2010
258 posts
Jan 29, 2014 at 12:13
meroo_basha posted:
+1 pip for me ... using Fxsol with fixed 3 pips spread .... not bad :)
+2 pips for me, using tradefort, cent account, with variable spreads. so, did i lucky?
Member Since Sep 23, 2013
45 posts
Jan 29, 2014 at 12:26
they made 6.3, I made 4.7, using pellucidfx. Can't complain: if an EA trade goes wrong but it breaks even, I'm fine.
"Press On" has solved and will always solve, the problems of the Human Race
